5, FOLD GARDENS, GREAT SALKELD, PENRITH, CA11 9FT - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FOLD GARDENS is a large detached house of 182m², which could now be worth an estimated £606,112. It was last sold for £480,000 in May 2019, which was around 52% above the average May 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

5 FOLD GARDENS Sold Prices

Land registry data shows two sales for 5 FOLD GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. One of the two 5 FOLD GARDENS sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 16 MAY	£480,000	£315,351	52% above HPI
2017 21 JUN	£132,000	£300,788	56% below HPI

5 FOLD GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two 5 FOLD GARDENS sales from June 2017 and May 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the May 2019 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 5 FOLD GARDENS be worth now?

5 FOLD GARDENS might now be worth an estimated £606,112.

This is based on house price inflation of 26.3%, between May 2019 and February 2025, for detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.3% inflationary increase is applied to the most recent sale price for 5 FOLD GARDENS of £480,000 on 16th May 2019. For the value to have increased from £480,000 to £606,112 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 5 FOLD GARDENS has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The May 2019 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FOLD GARDENS has not materially changed since May 2019.

How Large is 5 FOLD GARDENS?

5 FOLD GARDENS is 182m² according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of detached houses houses in Great Salkeld, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Salkeld, and where 5 FOLD GARDENS lies on this distribution: 65% of detached houses houses are smaller than 5 FOLD GARDENS, and 32% of houses are larger. Note that EPC data is not available for all properties in Great Salkeld.

5 FOLD GARDENS: Plot and Title Map

5 FOLD GARDENS sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of 5 FOLD GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 FOLD GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 FOLD GARDENS?

5 FOLD GARDENS is located in GREAT SALKELD, in the CA11 postcode district. The below map shows the position of No. 5 on FOLD GARDENS.